Kumho Tire Launches New All-Season UHP Tire
Engineered with weather reactive technology, the Ecsta PA51 provides grip and a quieter drive in diverse weather conditions.
Doublestar Completes Acquisition of 45% Stake of Kumho Tire
By this, Doublestar becomes Kumho Tire’s controlling shareholder.
Kumho Tire OE on VW Atlas SUV
Kumho Tire has been selected by the Volkswagen Group of America as an original equipment (OE) supplier for the new 2018 Atlas SUV.
NHTSA Issues Kumho Tire Recall Over Potential Tread Separation
The NHTSA has issued a recall for about 1,700 Kumho Solus tires manufactured in March and early April.
Denlein Joins Kumho Tire as EVP of Sales, Marketing
Kumho Tire has appointed tire industry veteran Shawn Denlein as executive vice president of sales and marketing.
Kumho Tire Union Opts to Vote on Doublestar Deal
In Korea, the Kumho Tire labor union has decided to finally hold a vote on whether to accept the acquisition bid by the Chinese tiremaker.
Deadline Looms for Kumho Tire Sale
With a Friday deadline approaching, Kumho Tire may be headed to a court receivership as its labor union refuses to accept a deal from Qingdao Doublestar for a majority investment in the company.
Is Tire Bank Joining the Bid for Kumho Tire?
A South Korean company has expressed interested in buying the debt-ridden Kumho Tire Co. just days before its deadline to finalize a deal with a Chinese tiremaker.
Doublestar Chief Visits Kumho Tire
The head of Chinese tiremaker Qingdao Doublestar, who recently acquired Kumho Tire Co., paid a visit to the South Korean company, calling the investment a “win-win” partnership and pushing for a deal with Kumho’s worker’s union.
China’s Doublestar Takes Control of Kumho Tire
China’s Qingdao Doublestar Co. Ltd. has agreed to invest 646.3 billion won ($597.4 million USD) for a 45% stake in South Korea’s Kumho Tire Co. Inc, multiple news outlets reported at the beginning of March.